🔴 MOC IMBALANCE
S&P 500: -2217.2 MLN
NASDAQ 100: -332.5 MLN
DOW 30: -962.5 MLN
MAG 7: -235.1 MLN $MACRO ...

<div><i><b>🔴</b></i> MOC IMBALANCE<br>S&amp;P 500: -2217.2 MLN<br>NASDAQ 100: -332.5 MLN<br>DOW 30: -962.5 MLN<br>MAG 7: -235.1 MLN $MACRO <a href="https://twitter.com/financialjuice/status/1912956968030924889" rel="nofollow">...</a></div>

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🔴 IMBALANCE POWER
S&P 500: -2217.2 MLN
NASDAQ 100: -332.5 MLN
DOW 30: -962.5 MLN
MAG 7: -235.1 MLN $MACRO ...

<div><i><b>🔴</b></i> THE POWER OF IMBALANCE<br> S&amp;P 500: -2217.2 MLN<br> NASDAQ 100: -332.5 MILLION<br> DOW 30: -962.5 MLN<br> MAG 7: -235.1 MLN $MACRO <a href="https://twitter.com/financialjuice/status/1912956968030924889" rel="nofollow">...</a></div>

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
...

The Black Swan Event Was Actually This: The Real Reason for the Recent Bitcoin Crash

Renowned crypto investor Jack Yi used Aave revolving lending to build a $2 billion ETH position, only to see it crumble during the market crash [...]
The article, "Yi Lihua Completely Sells Off ETH! Trend Research Sells 650,000 Ethereum in a Week, Losing $730 Million," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Yi Lihua completely liquidated his ETH holdings! Trend Research reportedly sold 650,000 Ethereum in a week, incurring a loss of $730 million before exiting the market.

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]